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home >> charity search >> the london library
Finance Score: -6
Governance Score: 5
Support Score: 5
  • Liabilities <10%: +3
  • Excess reserves: -5
  • Accounts filed more than 5 days late: -2 times
  • Multiple Deficits: -2
  • 12+ Trustees: -1
  • Dynamic board: +3
  • Gender balanced board: +3
  • Grant maker support: +5
Overall GiG Score: 4 ?

THE LONDON LIBRARY 

The advancement of education, learning and knowledge by the provision and maintenance in London of a library embracing the arts and humanities
Analysis by Giving is Great

Positives:

  • The charity has received backing from several prominent grant makers recently
  • This charity has a robust balance sheet
  • The Board appears to be well diversified in terms of gender and dynamic in terms of composition

Regulatory & Governance issues to consider:

  • There are 14 trustees whereas the Charities Commission recommends a maximum of 12

Financial issues to consider:

  • This charity has substantial assets and unrestricted reserves of £24,494,732 available, equivalent to 63 months of spending and so may not be able to utilise additional funding
  • Accounts have been filed late on 2 occasions over the last 5 years and the current period appears to have been extended
  • On several occasions in recent years income has been less than spending
miles

Financial Data ?

Income & Spending ?
Sources of Income ?
Y/E Income
£k		 Spending
£k		 Surplus/
Deficit		 Fundraising
Cost £k		 Total
Funds £k		 Unrestricted
Funds £k		 Mths
Rsrvs		 Staff Volun-
teers
31/03/23*£6,036£4,634£1,402£706£31,715£24,49563.4731
31/03/22*£4,044£4,767£-722£772£31,054£23,68159.6731
31/03/21£4,895£4,231£664£665£30,427£23,11465.6652
31/03/20£3,884£4,192£-308£893£28,018£23,11666.2652
31/03/19£4,800£4,303£497£774£29,276£23,96366.8676
31/03/18£4,394£4,227£167£624£26,558£22,60464.2640
31/03/17£4,077£4,298£-220£770£26,411£22,45062.7620
31/03/16£3,469£3,922£-453£524£25,379£22,27768.2610
31/03/15£3,581£3,370£211£291£28,393£25,80791.9590
31/03/14£4,241£3,604£638£313£28,306£25,82786590
31/03/13£4,415£3,384£1,031£309£27,387£24,88188.2600
31/03/12£4,653£3,195£1,458£257£26,219£24,59492.4560
31/03/11£5,052£3,100£1,952£278£25,804£24,14293.5580
31/03/10£4,498£3,615£883£283£22,927£21,89072.7590
31/03/09£6,348£3,342£3,007£244£20,372£17,28362.1600
31/03/08£5,913£3,086£2,827£352£19,875£18,16970.7580
31/03/07*£5,296£3,032£2,264£324£17,015£15,96263.2570
31/03/06*£2,111£2,935£-824£0£0£0n/a00
31/03/05?£2,887£2,441£445£0£0£0n/a00
30/04/04*£2,384£2,513£-129£0£0£0n/a00
Show more rows -->

Download accounts
Financial Ratios
Fundraising Costs/Relevant Income: 12.4%
Fundraising Costs/Total Spending: 15.2%
Senior Staff Costs/Total Spending: 10%
Highest pay band: £110,000-£120,000
Liabilities/Assets: 4%
Liabilities/Income: 23%
Unrestricted Funds/Total Funds: 77%
Reserves/Spending: 63.4 months
Net Current Assets/Spending: 13 months
Quick Ratio: 4
Asset Split ?
Established: 56 years

http://www.londonlibrary.co.uk

reception@londonlibrary.co.uk

02077664713

Charity Commission for England and WalesCompanies HouseFacebookInstagramX
UN SDGs
?
Listed activities
  • Arts/Culture/Heritage/Science
  • Education/Training
GiG Classification
  • Museums, parks, historical sites
How it operates
  • Provides advocacy/advice/information
  • Provides buildings/facilities/open space
  • Provides services
Where it operates
  • Throughout England And Wales,
Who it helps
  • The General Public/Mankind
Who works here?
  • 73 employees
  • 1 volunteer

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Specific Donations
Amount When
Months		 To be used for
Rothschild Foundation - Grant to London Library
£150,000 03/07/2023
The installation of high-quality digital technology in the Library's newly created Learning Space, which will support our mission to open the Library to all.
The Grocers' Charity - 2020 The London Library
£1,200 11/12/2019
Investing in young leaders and peer support

Data sourced from Donors via 360 Giving

How is it governed?

Trustees (14)
Current Trustees appointed
Gender Split
Based on 13/14 persons

Legal constitution
  • Charity registered in England & Wales on 08/10/1968, number: 312175
  • Registered at Companies House on 01/01/1970, number: RC000325
Gift Aid
  • Registered with HMRC for Gift Aid
Policies in force
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Filing Record
20 returns made; AR23: 7 days late, AR22: 106 days late, AR07: 2 days late, AR06: 1 days late, AR04: 9 days late,
Main office

THE LONDON LIBRARY
14 ST. JAMES'S SQUARE
LONDON
SW1Y 4LG

Objectives

THE CHARITABLE OBJECT FOR WHICH THE LIBRARY IS ESTABLISHED IS THE ADVANCEMENT OF EDUCATION, LEARNING AND KNOWLEDGE BY THE PROVISION AND MAINTENANCE IN LONDON OF A LIBRARY EMBRACING THE ARTS AND HUMANITIES FOR ALL PERSONS DESIRING TO MAKE A BONA FIDE USE THEREOF FOR THE SAID CHARITABLE OBJECT SUBJECT ONLY TO THE PAYMENT OF SUCH SUMS (IF ANY) BY WAY OF FEES AND OTHER CHARGES AS ARE NECESSARY TO DEFRAY THE EXPENSE OF THE PROVISION AND MAINTENANCE THEREOF.

Defined Area of Benefit:

NOT DEFINED

Data Sources

Charity Commission for England and Wales
360 Giving
CharityBase
Authorised officials of this charity can add information to this page (including a Donate Now button) for no cost

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